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Shares Fall in Asia After a Decline on Wall Street, and Oil Prices Fall More than 1%

  • On Monday, October 26, 2026, Asia-Pacific share markets opened cautiously as oil eased from six-month highs ahead of a week packed with central bank meetings and earnings that will test investor confidence in the artificial intelligence boom.
  • Brent futures jumped 6.2% last week to their highest close since mid-2022 as Houthi attacks in Saudi Arabia and the U.S. war with Iran severely constrained global energy supplies.
  • Alphabet, Microsoft, and Amazon report earnings this week, with Stephen Innes of SPI Asset Management questioning whether the compute buildout creates a "durable earnings machine" or just a "shinier version of the same old capex furnace."
  • Markets imply an 80% chance the Federal Reserve will hike rates in December, while the personal consumption expenditures index is expected to show 3.7% inflation, sharply above the Fed's 2% target.
  • Yields on 10-year Treasuries peaked at 5.36% early in October, though several AI-related companies rallied recently, easing some of the broader market pressure despite investor concerns over whether high stock prices are justified.
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Asia's stock exchanges are predominantly starting off weaker into the week. Worrying about high interest rates and burdening weak domestic demand in China – oil prices are declining.

·Düsseldorf, Germany
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Bloomberg broke the news in New York, United States on Sunday, October 25, 2026.
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